• Crypto markets have been in free fall for most of the week as a result of panic selling on the back of news of further crackdowns in Asia. There could be a number of other catalysts for the declines, including the expiration of the first Bitcoin futures contracts. Launched last month amid some technical problems, the first CBOE Bitcoin XBT contracts have just expired with a settlement price of $10,900, according to reports determined by

    First Bitcoin Futures Expired and Settled

    | 2018/01/18 11:00 am
  • Bitcoin Knowledge host and notorious advocate Trace Meyer has suggested Bitcoin could hit $115,000 in 2018 after its correction ends. Wall Street Money Mountain ‘Lining Up’ The latest in a cluster of buoyant forecasts for the Bitcoin price to surface in recent weeks, Meyer tipped fellow analyst Tone Vays for suggestions on what to expect over the next eleven-and-a-half months. $115,000, despite being a theoretical possibility based on previous behavioral cycles, would be “very overvalued,”

    Trace Mayer: Bitcoin May Hit ‘Significantly Overvalued’ $115k in 2018

    | 2018/01/18 8:30 am
  • With more people entering the crypto markets than ever before, the seeds of fear, uncertainty, and doubt has a greater impact on price volatility. Newbie traders jumping in and out on the whims of social media hype, and then panic selling, causes what happened over the past couple of days. However, looking at historical crypto charts, this January dip is nothing new. There are a number of reasons why the markets crash in January, and

    5 Reasons Why January’s Price Slump is Nothing to Worry About

    | 2018/01/18 6:00 am
  • Bitcoin mining has been pushing the growth of important chipmakers, such as Nvidia and Advanced Micro Devices Inc. (AMD). Now, tech giant Taiwan Semiconductor Manufacturing Co Ltd. (TSMC) plans to significantly increase its revenue from the crypto-mining devices segment. Crypto-Mining Driving TSMC’s Growth TSMC provides semiconductor manufacturing devices and services for a range of industries. Most notably, the company supplies chips to Apple. AppleInsider reports that TSMC might have reached a deal to be the

    Giant Taiwan Semiconductor Manufacturer TSMC Bullish on Cryptocurrencies

    | 2018/01/17 10:30 pm
  • Blockstream has implemented Lightning Network Bitcoin payments on its store as part of a continued roll-out of the revolutionary technology. Store Tests Consumer Lightning Payments In a blog post on Tuesday, developers Christian Becker and Rusty Russell introduced the Lightning Charge addition to its long-running Elements Project. This is designed in their words to “make it simple to build apps on top of Lightning.” The pair explains: Lightning Charge is a micropayment processing system written in

    Lightning Network Debuts On Blockstream Store As New Strides Announced

    | 2018/01/17 8:30 pm
  • Institutional investment is taking no notice of Bitcoin’s current volatility as two pioneering Blockchain exchange-traded funds (ETFs) launch Wednesday. ‘Profound Long-Term Investment Opportunities’ The Reality Shares Nasdaq NextGen Economy ETF (BLCN) and the Amplify Transformational Data Sharing ETF (BLOK) are forerunners of what some pundits expect to be an onslaught of Bitcoin and Blockchain ETFs which may gain approval in 2018. Unlike previous Bitcoin attempts from last year which met with flat-out rejections from US

    Amid Bitcoin Price Chaos, Industry Welcomes Two New Blockchain ETFs

    | 2018/01/17 6:00 pm
  • In an interview with CNBC earlier Tuesday, former Wells Fargo CEO Richard ‘Dick’ Kovacevich denounced Bitcoin as a pyramid scheme. First, it was economist Robert Schiller calling Bitcoin a “bubble”. Then JP Morgan CEO Jamie Dimon added his pontificating opinion to the mix, labeling it a “fraud.” Now it looks like Wall Street talking heads are doubling down on the stupid. Yesterday, in an interview on CNBC’s Squawk on the Street, former Wells Fargo CEO

    See Dick. See Dick Call Bitcoin a Pyramid Scheme. Wrong, Dick. Wrong.

    | 2018/01/17 11:15 am
  • Markets are tumbling during Asian trading today as fears escalate of further clampdowns across the region. Authorities in China seem hell-bent on preventing their citizens trading in cryptocurrencies, which may have sparked a wave of panic selling across the board. According to reports, the Chinese government plans to widen its crackdown on domestic crypto trading by targeting methods for doing so, including over-the-counter trading, offshore sites used for centralized trading, and peer-to-peer trading of large

    China Increases Pressure on Crypto Traders

    | 2018/01/17 8:45 am
  • This time last year, Bitcoin and its brethren were only in the realm of tech geeks and crypto fanatics. What a difference a year can make. Today it is a household name which has attracted the attention of governments across the planet. A number of bankers and politicians have spoken out about Bitcoin, either extolling its virtues or demonizing it. The latest is former Republican Ron Paul. According to reports, the politician says he is

    Ron Paul on Bitcoin: ‘People Should Have the Right to Choose’

    | 2018/01/17 3:45 am
  • Tax authorities in Malaysia have indefinitely frozen Luno’s local account used in the country, BitX Malaysia, while they investigate possible tax concerns. London-based cryptocurrency exchange, Luno, has had its Malaysian account frozen pending an investigation by the country’s tax authority, the Inland Revenue Board (IRB). In a statement sent to The Edge Markets, the exchange said: As part of this, IRB has requested that we provide them with information on all our Malaysian customers: identification,

    Malaysian Taxman Gives Luno the Cold Shoulder

    | 2018/01/16 11:30 pm
  • The former deputy governor of France’s central bank is to lead a task force examining how to regulate cryptocurrency in the country. ‘We Want A Stable Economy’ As local media outlet Les Echos reports Monday, Jean-Pierre Landau will look into “directions for regulatory development” pertaining to cryptocurrency. The move was announced by Minister for the Economy Bruno Le Maire, who in a press conference Monday morning reiterated previous commitments to raising the topic of Bitcoin

    France: Bitcoin Skeptic To Lead Regulation ‘Development’ Task Force

    | 2018/01/16 7:00 pm
  • Billionaire Bitcoin skeptic-turned-bull Mark Cuban has said his Dallas Mavericks basketball team will accept Bitcoin “next season.” Cuban Turns On To Bitcoin Acceptance In comments on Twitter following publication of team line-ups, Cuban, who as recently as June last year called Bitcoin a “bubble,” confirmed fans would be able to purchase tickets with Bitcoin later in 2018. Next season. — Mark Cuban (@mcuban) January 16, 2018 The move is milestone for both US basketball and

    Mark Cuban: Buy Dallas Mavericks Tickets ‘Next Season’ With Bitcoin

    | 2018/01/16 7:30 am
  • News of a fresh crackdown on cryptocurrency trading in China has added to stress on Bitcoin and altcoin markets, seeing assets lose 30% in hours. $200 Billion Disappears In New Downturn Bitcoin dipped around 13.7% to challenge $12,000 Tuesday as both South Korea and China present regulatory changes which could limit access even further for regular users. Despite local Korean news outlets forecasting that a “shutdown” on the cryptocurrency exchange space was “not likely” Monday,

    Dark Side Of The Moon: Bitcoin Sets Lunar New Year Lows For 3rd Time

    | 2018/01/16 5:30 am
  • Dubai is already running pilot programs in a few government departments but hopes to implement 20 blockchain-based initiatives in this year. Dubai is making good on its nickname as the ‘City of the Future’. Its government had previously formed Smart Dubai, an agency created with the aim of making Dubai the most technologically advanced, and smartest city in the world. Part of that journey is to include blockchain-based services into a number of sectors. Both

    Dubai Plans to Launch 20 Blockchain-Based Services in 2018

    | 2018/01/16 1:15 am
  • One of the problems facing those new to the cryptocurrency markets is the level of complexity in using exchanges and making trades. Some degree of technical knowledge is required to open, navigate and trade on a crypto exchange account, get one thing wrong and your virtual currency disappears into the ether. Symmetry Fund aims to alleviate the digital distress by offering a balanced cryptocurrency and ICO investment fund. Crypto investment funds are the best way

    Cryptocurrency Trading Without the Complexities with Symmetry Fund

    | 2018/01/15 11:00 pm
  • UK newspaper The Guardian has published outright warnings not to invest in Bitcoin or gold, describing them as a “waste of human investment energy.” Bitcoin ‘Like Mr. Money Moustache’s Fingernail Clippings’ In an extensive post arguing that trust principles of fiat currency are superior to decentralized setups in many cryptocurrencies, the blogger known as ‘Mr. Money Moustache’ tells readers purchasing them is “collective insanity.” The post reads: People who think that there’s even a tiny

    UK’s Guardian: ‘Mr Money Moustache’ Calls Bitcoin, Gold ‘Waste Of Energy’

    | 2018/01/15 9:00 pm
  • Taking matters into his own hands, a Russian businessman buys two electric power plants for the purposes of cryptocurrency mining. For those who are active participants in cryptocurrency mining, there are a number of issues to be concerned with. One such problem is how a country’s national government feels about cryptocurrency, such as either accepting it or banning it outright. Another major concern is having access to the power needed for mining crypto in the

    Russian Businessman Buys Power Plants for Cryptocurrency Mining

    | 2018/01/15 2:30 pm
  • Metropolitan Bank Holding Corp, believed to be widely used by cryptocurrency companies and investment firms, has reportedly ceased all international wire-based, cryptocurrency-related money transfers. Fortune broke the news that Metropolitan Bank is immediately “ceasing all international crypto-related wire transfers to and from” the bank itself, according to a source that is a customer of the bank. Supposedly, the reason for the shutdown was because the bank could not verify the compliance of international wire transfers

    Metropolitan Bank Halting Cryptocurrency-Related Transfers

    | 2018/01/15 12:00 pm
  • Bitcoin pundits are forecasting a fresh bull run as news from South Korea and the cryptocurrency’s price turn markets increasingly optimistic. Seoul To Regulate After ‘Sufficient Consultation’ After the South Korean justice minister caused “confusion and anger” last week by saying the government would ban cryptocurrency exchanges, local news media report, the latest statements from Seoul indicate a significant U-turn. “The proposed shutdown of exchanges that the justice minister recently mentioned is one of the

    South Korea Won’t Ban Bitcoin Trading as Price Chart Turns Bullish

    | 2018/01/15 7:00 am
  • Blockchains and cryptocurrencies are here to stay, and banks and governments are concerned. With the momentum that the budding markets have built in recent months, digital assets like Bitcoin, Ethereum, Litecoin, and Ripple have become household names. However, crypto regulation does not necessarily have to mean prevention if it can be approached in the right way. In recent weeks, news has emerged of steps concerning crypto regulation taking place across the world, most significantly in

    Why Crypto Regulation Should Not Mean Prohibition

    | 2018/01/15 4:30 am
  • The Bitcoin community has leveled new criticism against Bitcoin Cash (BCH) after data reveals its bigger blocks are not living up to developers’ promises. ‘Big Blocks Failed’ Analysis of BCH and Bitcoin (BTC) blocks which software advocate Ben Verret uploaded to Twitter Sunday suggests that Bitcoin blocks, despite being smaller, are verifying more transactions than BCH’s ‘big blocks’ approach. The concept of bigger blocks providing greater scalability was a central feature touted by Bitcoin Cash

    Bitcoin Cash: Big Blocks ‘Fail’ To Improve User Experience – Analysis

    | 2018/01/14 3:00 pm
  • Bitcoin investors in the UK have reportedly been facing issues with acquiring mortgages with their profits, as Banks refuse or are unsure how to deal with funds derived from cryptocurrency. As Bitcoin prices rise, so do investor profits, and if a report from the UK’s The Sun newspaper is to be believed, it appears as though investors could potentially have trouble when it comes to securing a mortgage with their Bitcoin money. Some banks in

    UK Bitcoin Investors Denied Mortgages To Buy Homes

    | 2018/01/14 12:15 pm
  • Hancock Regional Hospital in Indiana is the latest victim of a ransomware attack by hackers who are demanding a payment in bitcoins. Technology is definitely a two-edged blade. The lightning-fast speed offered by the internet allows for people to connect instantly with each other from all over the world. Movies can be streamed, video conferences attended, and online games played due to the innovations made in tech over the last twenty years. On the flip

    Pay Up or Else! Indiana Hospital Latest Victim of Ransomware Attack

    | 2018/01/14 7:15 am